India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.
Apple Inc CEO Tim Cook got a taste of the IPL cricket tournament during the match between Gujarat Lions and Kolkata Knight Riders in Kanpur on Thursday. Cook, who is touring India, visited the match venue on the invitation from IPL chairman Rajeev Shukla. "I had personally invited Cook to watch an IPL match and I am glad that he has accepted my invitation," Shukla told PTI. Cook was seen enjoying the game while sitting alongside Shukla and Sanjay Dutt, who was recently released from prison.
According to his letter 'to the Apple Board of Directors and the Apple Community', posted on the Wall Street Journal website, Jobs said, "I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee."
"Thank you @tim_cook! Friends, welcome & happy volunteering. Your views & efforts are always enriching," Modi tweeted after meeting Cook.
The new model is 5.6mm thick. CEO Tim Cook said it promises "pro performance in a thin and light design."
"We are investing in India... We've already launched an app accelerator centre. That's on top of working with the channel and looking at expanding our go-to-market in general," Cook said during the company's third quarter earnings call on Tuesday.
'India has intentionally taken advantage of the war in Ukraine to dramatically increase its purchases of Russian crude, when there are roughly 40 major crude providers that could satisfy Indian demand.'
Cook's statement is of major significance, especially given Apple's recognition as a global brand, says Aseem Chhabra.
In the run-up to Apple CEO Tim Cook's visit to India, government officials are finalising the talk points with the Cupertino-headquartered tech major. Officials said that the government would like Apple to "deepen" the company's engagement in the manufacturing and assembly of iPhones in the country and not limit itself only to the minimum commitments made under the production-linked incentive (PLI) scheme for mobile devices. The conversations between the two sides are likely to focus on that.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
Procter & Gamble has announced Shailesh Jejurikar as its next CEO, effective January 1, 2026. Jejurikar, an India-born executive, will succeed Jon Moeller in the role.
Find out what Steve Jobs, Tim Cook and Deep Kalra did when they received angry, negative feedback from customers.
Tim Cook is joining the roster of the very rich donors.
US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US.
Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.
US President Donald Trump's announcement of 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty, is expected to impact Apple's plans to expand iPhone manufacturing in India as well as export of other electronics to the US. The move comes at a time when Indian electronics production is reeling under pressure due to restrictions imposed by China on supply of several critical components, capital goods and even skilled technology professionals.
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Apple's high-octane racing film "F1: The Movie" roared to the top of the U.S. and Canadian box office this weekend, fueled by star-power and a finely-tuned marketing campaign
Cook's pay package for 2011 is likely to be among the most lucrative compensations awarded to a chief executive.
Apple CEO Tim Cook has said the company's share in India "is quite low relative to the size of the opportunity" and setting up retail stores in the future in the country will be a great initiative. Apple launched the Apple Store online in India on September 23, offering Apple's full range of products and support directly to customers across the country for the first time. "If you take India as an example, we doubled our business last quarter compared to the year ago quarter. But our absolute level of business there is still quite low relative to the size of the opportunity. "And you can kind of take that and go around the world and find other markets that are like that as well," Cook said on Wednesday in the company's Q1 2021 results earnings call.
The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.
Apple Inc Chief Executive Tim Cook publicly came out as gay in an article he wrote in Bloomberg Businessweek.
United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.
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US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Speaking at a business roundtable in Doha, Trump also said he had a "little problem" with Tim Cook, and he told the Apple CEO that he does not want him to build iPhones in India.
Union telecom minister Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source majority of the iPhones sold in the US from the country. While speaking at the Bharat Telecom event, Scindia said the investment in India at present is not just an act of goodwill alone but it makes economic sense for every OEM (original equipment manufacturer).
There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.
Tech billionaires shadowed US President Donald Trump at the inauguration on Monday.
It was an aha! moment to spot India's leading industrialist at the service at St John's church ahead of Trump's inauguration, and then to see him heading to US Capitol Hill Rotunda for the inauguration in the company of the Big 4 - Tim Cook of Apple, Jeff Bezos of Amazon, Sundar Pichai of Google and Mark Zuckerburg of Meta/Facebook.
Middle class and first time smartphone buyers in emerging markets such as India and China were among the major drivers of iPhone sales in January-March period
Cook is scheduled to meet top honchos of India Inc later during the day
Apple Inc said it had hired over 11,000 women globally in the past year - 65 per cent more than the previous year - to boost employee diversity.
Apple is also expected to announce plans for a startup accelerator in India to work more closely with the Indian developer community that works on the company's iOS and OS X software platforms
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'
Apple CEO Tim Cook, who is on his first official visit to India, tells NDTV's Vikram Chandra that the company's business plans for India can't be pitted against those for China, which is a very different market and where Apple did a "pretty big" business of $59 billion last year. Cook says his company
Cook further said that Apple would like to place retail stores in India and is working with the government to seek approval to do that.
Few lessons world leaders can learn from Tim Cook.
'Pakistan is no longer a front-burner issue for America.'
